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  3. So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

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totallynotabubbdontsayaiisabub
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  • tante@tldr.nettime.orgT tante@tldr.nettime.org

    So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

    That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

    Access Denied

    favicon

    (www.cnbc.com)

    But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

    "Creators can charge up to $100,000 per post, Eckstein said.
    “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

    #totallyNotABubble #dontsayAIisabubble

    virtualinanity@toot.communityV This user is from outside of this forum
    virtualinanity@toot.communityV This user is from outside of this forum
    virtualinanity@toot.community
    wrote last edited by
    #4

    @tante capex investments grabbing headlines (which they’ll never recoup), but the ongoing investment in product, sales and marketing is probably greater than the revenue they’re getting. Just a huge hole that they’re trying to dig themselves out of by adding more shovels

    1 Reply Last reply
    0
    • tante@tldr.nettime.orgT tante@tldr.nettime.org

      So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

      That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

      Access Denied

      favicon

      (www.cnbc.com)

      But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

      "Creators can charge up to $100,000 per post, Eckstein said.
      “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

      #totallyNotABubble #dontsayAIisabubble

      lordkhan@social.cologneL This user is from outside of this forum
      lordkhan@social.cologneL This user is from outside of this forum
      lordkhan@social.cologne
      wrote last edited by
      #5

      @tante they try to milk the cow as long as it's not dead. It's one of the biggest investor driven scams in IT history.

      1 Reply Last reply
      0
      • tante@tldr.nettime.orgT tante@tldr.nettime.org

        So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

        That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

        Access Denied

        favicon

        (www.cnbc.com)

        But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

        "Creators can charge up to $100,000 per post, Eckstein said.
        “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

        #totallyNotABubble #dontsayAIisabubble

        porras@ruby.socialP This user is from outside of this forum
        porras@ruby.socialP This user is from outside of this forum
        porras@ruby.social
        wrote last edited by
        #6

        @tante it's going to be awkward for the legions of people doing it for free

        1 Reply Last reply
        0
        • holgertdittmann@ruhr.socialH holgertdittmann@ruhr.social

          @tante Meanwhile, IBM is already marketing „quantum-enabled AI“. Because executives from lots of companies believe they want it.

          Link Preview Image
          The enterprise in 2030

          AI isn’t just enhancing the business model. By 2030, it will be the business model. Here are five predictions that can help business leaders prepare to win in an AI-first future.

          favicon

          IBM (www.ibm.com)

          nunesgh@mastodon.socialN This user is from outside of this forum
          nunesgh@mastodon.socialN This user is from outside of this forum
          nunesgh@mastodon.social
          wrote last edited by
          #7

          @HolgerTDittmann
          It is AGI, but only until you measure it.
          @tante

          1 Reply Last reply
          0
          • tante@tldr.nettime.orgT tante@tldr.nettime.org

            So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

            That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

            Access Denied

            favicon

            (www.cnbc.com)

            But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

            "Creators can charge up to $100,000 per post, Eckstein said.
            “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

            #totallyNotABubble #dontsayAIisabubble

            confuseacat@mastodon.socialC This user is from outside of this forum
            confuseacat@mastodon.socialC This user is from outside of this forum
            confuseacat@mastodon.social
            wrote last edited by
            #8

            @tante "and even LinkedIn". I'm shocked.

            1 Reply Last reply
            0
            • tante@tldr.nettime.orgT tante@tldr.nettime.org

              So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

              That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

              Access Denied

              favicon

              (www.cnbc.com)

              But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

              "Creators can charge up to $100,000 per post, Eckstein said.
              “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

              #totallyNotABubble #dontsayAIisabubble

              ariarhythmic@ohai.socialA This user is from outside of this forum
              ariarhythmic@ohai.socialA This user is from outside of this forum
              ariarhythmic@ohai.social
              wrote last edited by
              #9

              @tante They're burning the money they don't *actually* have on this

              tante@tldr.nettime.orgT 1 Reply Last reply
              0
              • ariarhythmic@ohai.socialA ariarhythmic@ohai.social

                @tante They're burning the money they don't *actually* have on this

                tante@tldr.nettime.orgT This user is from outside of this forum
                tante@tldr.nettime.orgT This user is from outside of this forum
                tante@tldr.nettime.org
                wrote last edited by
                #10

                @ariarhythmic not fully true. Microsoft and Google do have the cash. Not from "AI" revenue but from all their other sources.

                ariarhythmic@ohai.socialA mrmoore@mstdn.socialM 2 Replies Last reply
                0
                • tante@tldr.nettime.orgT tante@tldr.nettime.org

                  So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                  That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                  Access Denied

                  favicon

                  (www.cnbc.com)

                  But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                  "Creators can charge up to $100,000 per post, Eckstein said.
                  “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                  #totallyNotABubble #dontsayAIisabubble

                  mndflayr@metalhead.clubM This user is from outside of this forum
                  mndflayr@metalhead.clubM This user is from outside of this forum
                  mndflayr@metalhead.club
                  wrote last edited by
                  #11

                  @tante

                  Damn. What am I doing wrong?

                  fandasin@social.linux.pizzaF 1 Reply Last reply
                  0
                  • tante@tldr.nettime.orgT tante@tldr.nettime.org

                    @ariarhythmic not fully true. Microsoft and Google do have the cash. Not from "AI" revenue but from all their other sources.

                    ariarhythmic@ohai.socialA This user is from outside of this forum
                    ariarhythmic@ohai.socialA This user is from outside of this forum
                    ariarhythmic@ohai.social
                    wrote last edited by
                    #12

                    @tante Indeed, but it's probably safe to assume part of that recklessness in spending is caused by their jump in valuation from the bubble

                    It's stupid anyway, though, I don't see how that 100,000$ given to a YouTuber could provide a substantial return on investment

                    sauc3@hachyderm.ioS jerrej@mastodon.socialJ 2 Replies Last reply
                    0
                    • holgertdittmann@ruhr.socialH holgertdittmann@ruhr.social

                      @tante Meanwhile, IBM is already marketing „quantum-enabled AI“. Because executives from lots of companies believe they want it.

                      Link Preview Image
                      The enterprise in 2030

                      AI isn’t just enhancing the business model. By 2030, it will be the business model. Here are five predictions that can help business leaders prepare to win in an AI-first future.

                      favicon

                      IBM (www.ibm.com)

                      grouchybeast@mastodon.socialG This user is from outside of this forum
                      grouchybeast@mastodon.socialG This user is from outside of this forum
                      grouchybeast@mastodon.social
                      wrote last edited by
                      #13

                      @HolgerTDittmann @tante '79% of executives say AI will significantly contribute to their revenue by 2030, but only 24% can clearly see where that revenue will come from.'

                      Never have I read a clearer illustration of why the easiest way for large companies to immediately cut costs for zero downside would be to fire their executives.

                      grouchybeast@mastodon.socialG 1 Reply Last reply
                      0
                      • grouchybeast@mastodon.socialG grouchybeast@mastodon.social

                        @HolgerTDittmann @tante '79% of executives say AI will significantly contribute to their revenue by 2030, but only 24% can clearly see where that revenue will come from.'

                        Never have I read a clearer illustration of why the easiest way for large companies to immediately cut costs for zero downside would be to fire their executives.

                        grouchybeast@mastodon.socialG This user is from outside of this forum
                        grouchybeast@mastodon.socialG This user is from outside of this forum
                        grouchybeast@mastodon.social
                        wrote last edited by
                        #14

                        @HolgerTDittmann @tante '59% of executives say quantum-enabled AI will transform their industry by 2030'.

                        Jesus Christ.

                        I have a new business plan. I'm going to offer a service where I will survey a company's executives to find these people, and then personally hand them a P45. My rates will be low because my job satisfaction will be immense.

                        stonsoftware@mastodon.socialS 1 Reply Last reply
                        0
                        • tante@tldr.nettime.orgT tante@tldr.nettime.org

                          So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                          That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                          Access Denied

                          favicon

                          (www.cnbc.com)

                          But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                          "Creators can charge up to $100,000 per post, Eckstein said.
                          “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                          #totallyNotABubble #dontsayAIisabubble

                          amorpheus@kind.socialA This user is from outside of this forum
                          amorpheus@kind.socialA This user is from outside of this forum
                          amorpheus@kind.social
                          wrote last edited by
                          #15

                          @tante People have to believe in a product for it to be profitable. Influencers have a lot of impact on society. 600k is a small price for advertising some development that has cost billions.

                          The worst thing that could happen for them is that ai gets rejected like the mini-disc.

                          1 Reply Last reply
                          0
                          • mndflayr@metalhead.clubM mndflayr@metalhead.club

                            @tante

                            Damn. What am I doing wrong?

                            fandasin@social.linux.pizzaF This user is from outside of this forum
                            fandasin@social.linux.pizzaF This user is from outside of this forum
                            fandasin@social.linux.pizza
                            wrote last edited by
                            #16

                            @mndflayr @tante

                            You have morals and standards. 😉

                            1 Reply Last reply
                            0
                            • ariarhythmic@ohai.socialA ariarhythmic@ohai.social

                              @tante Indeed, but it's probably safe to assume part of that recklessness in spending is caused by their jump in valuation from the bubble

                              It's stupid anyway, though, I don't see how that 100,000$ given to a YouTuber could provide a substantial return on investment

                              sauc3@hachyderm.ioS This user is from outside of this forum
                              sauc3@hachyderm.ioS This user is from outside of this forum
                              sauc3@hachyderm.io
                              wrote last edited by
                              #17

                              @ariarhythmic @tante

                              I think the issue is you are applying logic to the situation.

                              ariarhythmic@ohai.socialA 1 Reply Last reply
                              0
                              • sauc3@hachyderm.ioS sauc3@hachyderm.io

                                @ariarhythmic @tante

                                I think the issue is you are applying logic to the situation.

                                ariarhythmic@ohai.socialA This user is from outside of this forum
                                ariarhythmic@ohai.socialA This user is from outside of this forum
                                ariarhythmic@ohai.social
                                wrote last edited by
                                #18

                                @sauc3 @tante ahahaha fair point

                                sauc3@hachyderm.ioS 1 Reply Last reply
                                0
                                • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                  So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                                  That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                                  Access Denied

                                  favicon

                                  (www.cnbc.com)

                                  But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                                  "Creators can charge up to $100,000 per post, Eckstein said.
                                  “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                                  #totallyNotABubble #dontsayAIisabubble

                                  alebaffa2@famichiki.jpA This user is from outside of this forum
                                  alebaffa2@famichiki.jpA This user is from outside of this forum
                                  alebaffa2@famichiki.jp
                                  wrote last edited by
                                  #19

                                  @tante they threw too much money pushing it into everything that didn't need any AI. Take Copilot in Windows, or in Office: just unnecessary.

                                  But the tools for software development, i can tell you as a software engineer, that this stuff just revolutionized our field completely. It's a tectonic activity that just changed it for good. Those who deny it are those who still haven't used it seriously and in 2-3 years will be at risk, if they don't start now.

                                  jaredwhite@indieweb.socialJ 1 Reply Last reply
                                  0
                                  • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                    @ariarhythmic not fully true. Microsoft and Google do have the cash. Not from "AI" revenue but from all their other sources.

                                    mrmoore@mstdn.socialM This user is from outside of this forum
                                    mrmoore@mstdn.socialM This user is from outside of this forum
                                    mrmoore@mstdn.social
                                    wrote last edited by
                                    #20

                                    @tante @ariarhythmic And that's the worrisome part for me. It's almost a given that most of these AI companies won't survive because they aren't profitable. But Microsoft and Google don't necessary need it to be profitable. In the end, AI will likely stick around and be controlled by one a few companies. Doesn't sound worrisome at all...

                                    1 Reply Last reply
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                                    • ariarhythmic@ohai.socialA ariarhythmic@ohai.social

                                      @sauc3 @tante ahahaha fair point

                                      sauc3@hachyderm.ioS This user is from outside of this forum
                                      sauc3@hachyderm.ioS This user is from outside of this forum
                                      sauc3@hachyderm.io
                                      wrote last edited by
                                      #21

                                      @ariarhythmic @tante

                                      'cuz you are absolutely right, what they are doing is stupid as hell. They are ignoring all the warning klaxons going off that it seems like everyone else is very aware of, but I guess that's why they are super genius CEOs and we are just regular fools and normies.

                                      I just hold out hope that when the bubble bursts, it'll take out companies like Microslop and Oracle. They'll probably get bailed out, but it is fun to dream of a world without Microsoft!

                                      1 Reply Last reply
                                      0
                                      • alebaffa2@famichiki.jpA alebaffa2@famichiki.jp

                                        @tante they threw too much money pushing it into everything that didn't need any AI. Take Copilot in Windows, or in Office: just unnecessary.

                                        But the tools for software development, i can tell you as a software engineer, that this stuff just revolutionized our field completely. It's a tectonic activity that just changed it for good. Those who deny it are those who still haven't used it seriously and in 2-3 years will be at risk, if they don't start now.

                                        jaredwhite@indieweb.socialJ This user is from outside of this forum
                                        jaredwhite@indieweb.socialJ This user is from outside of this forum
                                        jaredwhite@indieweb.social
                                        wrote last edited by
                                        #22

                                        @alebaffa2 @tante Sorry, your scare tactics simply don't work on us. "You're at risk if you don't start now" is pure hype.

                                        alebaffa2@famichiki.jpA 1 Reply Last reply
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                                        • R relay@relay.mycrowd.ca shared this topic
                                        • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                          So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                                          That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                                          Access Denied

                                          favicon

                                          (www.cnbc.com)

                                          But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                                          "Creators can charge up to $100,000 per post, Eckstein said.
                                          “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                                          #totallyNotABubble #dontsayAIisabubble

                                          fedihacker@masto.esF This user is from outside of this forum
                                          fedihacker@masto.esF This user is from outside of this forum
                                          fedihacker@masto.es
                                          wrote last edited by
                                          #23

                                          @tante Street vendors of hair growers. Never gets old.

                                          And who copes with all the externalities? Browers are doing proof of work calculations to access many websites. That's more energy consumption added.

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